Hess (HES) Stock Forecast, Price Target & Predictions

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HES Stock Forecast

Hess stock forecast is as follows: an average price target of $143.19 (represents a 0.27% upside from HES’s last price of $142.80) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

HES Price Target

The average price target for Hess (HES) is $143.19 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $205.00 to $86.00. This represents a potential 0.27% upside from HES's last price of $142.80.

HES Analyst Ratings

Hold

According to 11 Wall Street analysts, Hess's rating consensus is 'Hold'. The analyst rating breakdown for HES stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hess Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 31, 2024	Stewart Glickman	CFRA	$145.00	$134.48	7.82%	1.54%
Oct 10, 2024	Paul Cheng	Scotiabank	$167.00	$138.48	20.60%	16.95%
Oct 04, 2024	Phillip Jungwirth	BMO Capital	$160.00	$140.87	13.58%	12.04%
Oct 01, 2024	Ryan Todd	Piper Sandler	$167.00	$138.37	20.69%	16.95%
Sep 30, 2024	Doug Leggate	Wolfe Research	$150.00	$134.59	11.45%	5.04%
Aug 02, 2024	Justin Jenkins	Raymond James	$174.00	$141.23	23.20%	21.85%
Jul 22, 2024	Biju Perincheril	Susquehanna	$166.00	$151.47	9.59%	16.25%
Mar 20, 2024	Nitin Kumar	Mizuho Securities	$205.00	$149.33	37.28%	43.56%
Jan 10, 2023	-	Wells Fargo	$162.00	$144.87	11.82%	13.45%
Dec 19, 2022	-	Piper Sandler	$156.00	$133.01	17.28%	9.24%

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The latest Hess stock forecast, released on Oct 31, 2024 by Stewart Glickman from CFRA, set a price target of $145.00, which represents a 7.82% increase from the stock price at the time of the forecast ($134.48), and a 1.54% increase from HES last price ($142.80).

Hess Price Target by Period

	1M	3M	12M
# Anlaysts	1	5	8
Avg Price Target	$145.00	$157.80	$166.75
Last Closing Price	$142.80	$142.80	$142.80
Upside/Downside	1.54%	10.50%	16.77%

In the current month, the average price target of Hess stock is $145.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.54% increase as opposed to Hess's last price of $142.80. This month's average price target is down -8.11% compared to last quarter, and down -13.04% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 31, 2024	CFRA	Hold	Hold	Hold
Oct 18, 2024	Susquehanna	Neutral	Neutral	Hold
Oct 10, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
Oct 04, 2024	BMO Capital	Outperform	Outperform	Hold
Oct 01, 2024	Piper Sandler	Overweight	Overweight	Hold
Sep 30, 2024	Wolfe Research	Peer Perform	Outperform	Upgrade
Aug 02, 2024	Bernstein	Outperform	Market Perform	Downgrade
Jul 22, 2024	Susquehanna	Neutral	Neutral	Hold
Jul 17, 2024	Wolfe Research	Outperform	Peer Perform	Initialise
Jun 05, 2024	Citigroup	Neutral	Neutral	Hold

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Hess's last stock rating was published by CFRA on Oct 31, 2024. The company gave HES a "Hold" rating, the same as its previous rate.

Hess Financial Forecast

Hess Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$3.01B	$2.80B	$2.29B	$2.41B	$2.93B	$3.12B	$2.96B	$2.31B	$2.24B	$1.76B	$1.58B	$1.90B	$1.32B	$1.16B	$833.00M	$1.35B	$1.68B	$1.58B
Avg Forecast	$3.99B	$3.97B	$3.80B	$3.48B	$3.30B	$3.22B	$3.01B	$2.89B	$2.96B	$2.96B	$3.27B	$2.98B	$2.78B	$2.64B	$2.32B	$2.47B	$2.70B	$2.79B	$2.61B	$2.01B	$1.92B	$1.52B	$1.49B	$1.62B	$1.16B	$1.17B	$950.64M	$1.42B	$1.54B	$1.52B
High Forecast	$4.25B	$4.23B	$4.05B	$3.70B	$3.51B	$3.43B	$3.21B	$2.98B	$3.05B	$3.09B	$3.29B	$2.98B	$2.92B	$2.98B	$2.47B	$2.63B	$2.88B	$2.79B	$2.61B	$2.01B	$1.92B	$1.52B	$1.49B	$1.62B	$1.16B	$1.17B	$950.64M	$1.42B	$1.54B	$1.52B
Low Forecast	$3.62B	$3.61B	$3.45B	$3.16B	$2.99B	$2.93B	$2.73B	$2.73B	$2.86B	$2.82B	$3.25B	$2.98B	$2.69B	$2.11B	$2.11B	$2.24B	$2.45B	$2.79B	$2.61B	$2.01B	$1.92B	$1.52B	$1.49B	$1.62B	$1.16B	$1.17B	$950.64M	$1.42B	$1.54B	$1.52B
# Analysts	2	2	2	2	1	1	1	4	4	2	2	2	4	11	5	9	5	4	4	7	5	5	10	7	5	15	9	9	16	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	1.06%	0.99%	0.98%	1.09%	1.12%	1.13%	1.15%	1.17%	1.16%	1.06%	1.17%	1.14%	0.99%	0.88%	0.95%	1.09%	1.04%

Hess's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.98B, with a low forecast of $2.98B, and a high forecast of $2.98B. HES's average Quarter revenue forecast represents a -0.91% decrease compared to the company's last Quarter revenue of $3.01B (Dec 23).

Hess EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	4	2	2	2	4	11	5	9	5	4	4	7	5	5	10	7	5	15	9	9	16	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$1.34B	$1.43B	$1.07B	$1.22B	$1.56B	$1.54B	$1.59B	$1.14B	$996.00M	$732.00M	$552.00M	$492.00M	$2.17B	$-120.00M	$-210.00M	$-2.40B	$-8.00M	$-6.00M
Avg Forecast	$1.82B	$1.81B	$1.74B	$1.59B	$1.50B	$1.47B	$1.37B	$1.32B	$1.35B	$1.35B	$1.49B	$1.10B	$1.27B	$1.21B	$1.06B	$1.00B	$897.78M	$1.27B	$1.19B	$912.42M	$874.24M	$693.38M	$681.25M	$404.20M	$530.58M	$534.04M	$433.78M	$-2.58B	$702.79M	$693.28M
High Forecast	$1.94B	$1.93B	$1.85B	$1.69B	$1.60B	$1.57B	$1.46B	$1.36B	$1.39B	$1.41B	$1.50B	$1.32B	$1.33B	$1.36B	$1.13B	$1.20B	$1.08B	$1.27B	$1.19B	$1.09B	$874.24M	$693.38M	$681.25M	$485.04M	$530.58M	$534.04M	$433.78M	$-2.07B	$702.79M	$693.28M
Low Forecast	$1.65B	$1.65B	$1.58B	$1.44B	$1.37B	$1.34B	$1.25B	$1.25B	$1.30B	$1.29B	$1.49B	$883.23M	$1.23B	$960.94M	$962.64M	$802.93M	$718.23M	$1.27B	$1.19B	$729.94M	$874.24M	$693.38M	$681.25M	$323.36M	$530.58M	$534.04M	$433.78M	$-3.10B	$702.79M	$693.28M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	1.19%	1.01%	1.21%	1.74%	1.21%	1.33%	1.25%	1.14%	1.06%	0.81%	1.22%	4.08%	-0.22%	-0.48%	0.93%	-0.01%	-0.01%

2 analysts predict HES's average Quarter EBITDA for Mar 24 to be $1.10B, with a high of $1.32B and a low of $883.23M. This is -17.36% lower than Hess's previous annual EBITDA (Dec 23) of $1.34B.

Hess Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	4	2	2	2	4	11	5	9	5	4	4	7	5	5	10	7	5	15	9	9	16	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$413.00M	$504.00M	$119.00M	$346.00M	$624.00M	$515.00M	$667.00M	$417.00M	$356.00M	$115.00M	$-73.00M	$252.00M	$-97.00M	$-243.00M	$-320.00M	$-2.43B	$-222.00M	$-212.00M
Avg Forecast	$948.51M	$832.32M	$856.08M	$773.80M	$677.90M	$598.99M	$536.16M	$523.02M	$541.68M	$550.92M	$790.99M	$428.66M	$448.11M	$381.41M	$158.80M	$389.69M	$238.87M	$576.22M	$660.87M	$354.27M	$225.41M	$78.57M	$43.82M	$207.03M	$-202.55M	$-207.19M	$-351.19M	$-2.62B	$-157.11M	$-103.34M
High Forecast	$1.03B	$902.55M	$928.31M	$839.09M	$735.09M	$649.53M	$581.39M	$653.12M	$679.87M	$597.40M	$791.05M	$514.39M	$510.79M	$622.65M	$172.19M	$467.63M	$286.64M	$576.22M	$660.87M	$425.12M	$225.41M	$78.57M	$43.82M	$248.44M	$-202.55M	$-207.19M	$-351.19M	$-2.10B	$-157.11M	$-103.34M
Low Forecast	$835.17M	$732.87M	$753.78M	$681.34M	$596.89M	$527.42M	$472.09M	$338.27M	$439.43M	$485.09M	$790.94M	$342.93M	$401.11M	$195.60M	$139.82M	$311.75M	$191.09M	$576.22M	$660.87M	$283.41M	$225.41M	$78.57M	$43.82M	$165.62M	$-202.55M	$-207.19M	$-351.19M	$-3.14B	$-157.11M	$-103.34M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	1.32%	0.75%	0.89%	2.61%	0.89%	1.01%	1.18%	1.58%	1.46%	-1.67%	1.22%	0.48%	1.17%	0.91%	0.93%	1.41%	2.05%

Hess's average Quarter net income forecast for Mar 24 is $428.66M, with a range of $342.93M to $514.39M. HES's average Quarter net income forecast represents a 3.79% increase compared to the company's last Quarter net income of $413.00M (Dec 23).

Hess SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	4	2	2	2	4	11	5	9	5	4	4	7	5	5	10	7	5	15	9	9	16	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$168.00M	$811.00M	$655.00M	$739.00M	$937.00M	$1.09B	$938.00M	$792.00M	$758.00M	$598.00M	$406.00M	$612.00M	$363.00M	$305.00M	$145.00M	$480.00M	$559.00M	$513.00M
Avg Forecast	$1.04B	$1.04B	$991.95M	$907.48M	$860.12M	$840.42M	$785.36M	$754.11M	$771.82M	$770.89M	$853.00M	$814.15M	$724.29M	$689.16M	$606.00M	$740.13M	$683.25M	$728.35M	$681.36M	$672.85M	$499.76M	$396.37M	$389.43M	$502.79M	$303.31M	$305.28M	$247.97M	$516.92M	$401.75M	$396.32M
High Forecast	$1.11B	$1.10B	$1.06B	$966.38M	$915.94M	$894.97M	$836.33M	$778.20M	$796.32M	$806.77M	$857.05M	$976.98M	$760.90M	$776.28M	$645.33M	$888.16M	$819.90M	$728.35M	$681.36M	$807.42M	$499.76M	$396.37M	$389.43M	$603.35M	$303.31M	$305.28M	$247.97M	$620.31M	$401.75M	$396.32M
Low Forecast	$945.15M	$940.69M	$900.78M	$824.07M	$781.06M	$763.17M	$713.18M	$713.15M	$744.86M	$735.01M	$848.96M	$651.32M	$700.76M	$549.32M	$550.30M	$592.11M	$546.60M	$728.35M	$681.36M	$538.28M	$499.76M	$396.37M	$389.43M	$402.23M	$303.31M	$305.28M	$247.97M	$413.54M	$401.75M	$396.32M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.23%	1.18%	1.08%	1.00%	1.37%	1.50%	1.38%	1.18%	1.52%	1.51%	1.04%	1.22%	1.20%	1.00%	0.58%	0.93%	1.39%	1.29%

Hess's average Quarter SG&A projection for Mar 24 is $814.15M, based on 2 Wall Street analysts, with a range of $651.32M to $976.98M. The forecast indicates a 384.61% rise compared to HES last annual SG&A of $168.00M (Dec 23).

Hess EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	4	2	2	2	4	11	5	9	5	4	4	7	5	5	10	7	5	15	9	9	16	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$1.34	$1.64	$0.39	$1.13	$2.04	$1.67	$2.15	$1.34	$1.15	$0.37	$-0.24	$0.82	$-0.32	$-0.79	$-1.04	$-7.92	$-0.73	$-0.67
Avg Forecast	$3.08	$2.70	$2.78	$2.51	$2.20	$1.94	$1.74	$1.70	$1.76	$1.79	$2.57	$1.71	$1.45	$1.24	$0.52	$1.03	$1.63	$1.87	$2.14	$1.12	$0.73	$0.25	$0.14	$0.33	$-0.66	$-0.67	$-1.14	$-0.63	$-0.51	$-0.34
High Forecast	$3.34	$2.93	$3.01	$2.72	$2.38	$2.11	$1.89	$2.12	$2.21	$1.94	$2.57	$1.78	$1.66	$2.02	$0.56	$1.11	$1.76	$1.87	$2.14	$1.12	$0.73	$0.25	$0.14	$0.33	$-0.66	$-0.67	$-1.14	$-0.63	$-0.51	$-0.34
Low Forecast	$2.71	$2.38	$2.44	$2.21	$1.94	$1.71	$1.53	$1.10	$1.43	$1.57	$2.57	$1.64	$1.30	$0.63	$0.45	$0.90	$1.43	$1.87	$2.14	$1.12	$0.73	$0.25	$0.14	$0.33	$-0.66	$-0.67	$-1.14	$-0.63	$-0.51	$-0.34
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	1.33%	0.76%	1.10%	1.25%	0.89%	1.00%	1.19%	1.57%	1.46%	-1.66%	2.46%	0.48%	1.18%	0.91%	12.63%	1.43%	2.01%

According to 2 Wall Street analysts, Hess's projected average Quarter EPS for Mar 24 is $1.71, with a low estimate of $1.64 and a high estimate of $1.78. This represents a 27.60% increase compared to HES previous annual EPS of $1.34 (Dec 23).

Hess Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
APA	APA	$22.02	$42.95	95.05%	Buy
CIVI	Civitas Resources	$51.14	$84.70	65.62%	Buy
DVN	Devon Energy	$39.11	$58.88	50.55%	Buy
MTDR	Matador Resources Company	$57.99	$73.11	26.07%	Buy
AR	Antero Resources	$31.19	$37.58	20.49%	Buy
PR	Permian Resources	$15.13	$17.92	18.44%	Buy
CTRA	Coterra Energy	$25.61	$29.68	15.89%	Buy
COP	ConocoPhillips	$111.82	$122.71	9.74%	Buy
FANG	Diamondback Energy	$182.24	$191.60	5.14%	Buy
MRO	Marathon Oil	$28.62	$29.00	1.33%	Buy
HES	Hess	$142.80	$143.19	0.27%	Hold
EOG	EOG Resources	$134.35	$132.29	-1.53%	Buy
EQT	EQT	$43.31	$41.53	-4.11%	Buy
MGY	Magnolia Oil & Gas	$27.08	$25.06	-7.46%	Buy

HES Forecast FAQ

Is Hess a good buy?

No, according to 11 Wall Street analysts, Hess (HES) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 45.45% of HES's total ratings.

What is HES's price target?

Hess (HES) average price target is $143.19 with a range of $86 to $205, implying a 0.27% from its last price of $142.8. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hess stock go up soon?

According to Wall Street analysts' prediction for HES stock, the company can go up by 0.27% (from the last price of $142.8 to the average price target of $143.19), up by 43.56% based on the highest stock price target, and down by -39.78% based on the lowest stock price target.

Can Hess stock reach $200?

HES's highest twelve months analyst stock price target of $205 supports the claim that Hess can reach $200 in the near future.

What is Hess's current price target trend?

1 Wall Street analyst forecast a $145 price target for Hess (HES) this month, up 1.54% from its last price of $142.8. Compared to the last 3 and 12 months, the average price target increased by 10.50% and increased by 16.77%, respectively.

What are Hess's analysts' financial forecasts?

Hess's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.42B (high $13.13B, low $11.39B), average EBITDA is $5.67B (high $5.99B, low $5.2B), average net income is $2.34B (high $2.62B, low $1.93B), average SG&A $3.24B (high $3.43B, low $2.97B), and average EPS is $7.58 (high $8.5, low $6.28). HES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.24B (high $16.23B, low $13.84B), average EBITDA is $6.96B (high $7.41B, low $6.32B), average net income is $3.41B (high $3.7B, low $3B), average SG&A $3.98B (high $4.23B, low $3.61B), and average EPS is $11.06 (high $12, low $9.74).

Did the HES's actual financial results beat the analysts' financial forecasts?

Based on Hess's last annual report (Dec 2023), the company's revenue was $10.51B, beating the average analysts forecast of $10.21B by 2.95%. Apple's EBITDA was $4.94B, beating the average prediction of $4.54B by 8.96%. The company's net income was $1.38B, beating the average estimation of $1.38B by 0.29%. Apple's SG&A was $527M, missing the average forecast of $2.76B by -80.90%. Lastly, the company's EPS was $4.49, beating the average prediction of $4.23 by 6.09%. In terms of the last quarterly report (Dec 2023), Hess's revenue was $3.01B, beating the average analysts' forecast of $2.78B by 8.44%. The company's EBITDA was $1.34B, beating the average prediction of $1.27B by 5.44%. Hess's net income was $413M, missing the average estimation of $448.11M by -7.84%. The company's SG&A was $168M, missing the average forecast of $724.29M by -76.81%. Lastly, the company's EPS was $1.34, missing the average prediction of $1.45 by -7.81%